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Some Implications Of The Growth Of The Mineral Sector

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  • Gregory, R.G.

Abstract

The rapid growth of Australian mineral exports, through its effect on the balance of payments, is a significant force for structural change in other sectors. From the viewpoint of the rural sector which exports and the manufacturing sector which competes with imports, this force will be similar to that which would flow from very large tariff changes. Consequently, by observing the adjustments of the rural and manufacturing sectors to the rapid growth of mineral exports, it is possible to calculate indirect estimates of the effect of the Australian tariff on them. It is calculated that the mineral discoveries have had a much greater effect on these sectors than the recent across the board 25 per cent general reduction of tariffs.

Suggested Citation

  • Gregory, R.G., 1976. "Some Implications Of The Growth Of The Mineral Sector," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 20(2), pages 1-21, August.
    • Handle: RePEc:ags:ajaeau:22682
    DOI: 10.22004/ag.econ.22682
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    References listed on IDEAS

    as
    1. Gregory, R G & Martin, L D, 1976. "An Analysis of Relationships between Import Flows to Australia and Recent Exchange Rate and Tariff Changes," The Economic Record, The Economic Society of Australia, vol. 52(137), pages 1-25, March.
    2. Robert M. Stern & Jonathan Francis & Bruce Schumacher, 1976. "Annotated Bibliography of Recent Research," Palgrave Macmillan Books, in: Price Elasticities in International Trade, chapter 6, pages 73-363, Palgrave Macmillan.
    3. Robert M. Stern & Jonathan Francis & Bruce Schumacher, 1976. "Price Elasticities in International Trade," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-03137-5.
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